Tharisa’s (THS) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Tharisa (LON:THS) in a research note released on Tuesday morning,Digital Look reports. The brokerage currently has a GBX 230 price objective on the stock.

Tharisa Stock Performance

Shares of Tharisa stock opened at GBX 123 on Tuesday. The business has a 50-day moving average price of GBX 123.17 and a two-hundred day moving average price of GBX 119.94. Tharisa has a 1-year low of GBX 88.15 and a 1-year high of GBX 148. The company has a current ratio of 2.30, a quick ratio of 1.79 and a debt-to-equity ratio of 15.61. The company has a market cap of £364.44 million, a P/E ratio of 3.13 and a beta of 0.71.

About Tharisa

About Tharisa – delivering on expansion and growth opportunities, commercialising technology solutions
Tharisa is an integrated resource group playing a pivotal role in the global energy transition and the decarbonisation of economies. Leveraging innovation and technology, Tharisa covers the entire value chain – exploration, mining, processing, beneficiation, marketing, sales, and logistics – for PGMs and chrome concentrates. The low cost, multigenerational Tharisa Mine is located on the southwestern limb of the Bushveld Complex, South Africa, the largest source of PGMs and chrome globally.